Public Charity

RACING MEDICATION AND TESTING CONSORTIUM

RACING MEDICATION AND TESTING CONSORTIUM is a nonprofit organization categorized as Public Charity based in LEXINGTON, KY. Its most recent IRS filing (2024) reports revenue of $522K, expenses of $888K, total assets of $568K. Imperigo tracks 17 reported grant relationships connected to this organization totaling approximately $417K.

EIN: 721559413 LEXINGTON, KY Latest filing: 2024
Total Revenue$522K
Total Expenses$888K
Total Assets$568K
Grant Records17
Funding Total$417K
Filing Years2019–2024

Mission

THE MISSION OF THE CONSORTIUM IS TO ENGAGE IN RESEARCH, EDUCATION, AND ADVOCACY FOR SCIENCE-BASED INITIATIVES THAT PROMOTE THE HEALTH AND SAFETY OF THE RACEHORSE AND THE INTEGRITY OF COMPETITION.

Sample Grants Received

2023
GRANT TO FURTHER EQUINE PROMOTION
$10,000
2023
GRANT TO FURTHER EQUINE PROMOTION
$10,000
2023
TO SUPPORT THE MISSION TO FUND RESEARCH, DEVELOP AND PROMOTE POLICY RECOMMENDATIONS, AND EDUCATE STAKEHOLDERS IN SUPPORT OF HORSE RACING SAFETY AND INTEGRITY
$9,509
2022
TO SUPPORT THE MISSION TO FUND RESEARCH, DEVELOP AND PROMOTE POLICY RECOMMENDATIONS, AND EDUCATE STAKEHOLDERS IN SUPPORT OF HORSE RACING SAFETY AND INTEGRITY
$21,300
2022
GRANT TO FURTHER EQUINE PROMOTION
$10,000

Showing up to 5 of 17 total records — full history available with membership.

Officers & Directors

DIRECTOR Alan Balch
CO-VICE CHAIR Alan Foreman
CHAIRMAN Alex Waldrop
DIRECTOR Andy Schweigardt
DIRECTOR Bill Nader
DIRECTOR Chauncey Morris

Officer compensation and complete director data available with membership.

Top Grant Purposes

EQUINE RESEARCH GRANT
$201,000 4 grants
GRANT TO FURTHER EQUINE PROMOTION
$100,000 7 grants
general support
$50,000 1 grant
TO SUPPORT THE MISSION TO FUND RESEARCH, DEVELOP AND PROMOTE POLICY RECOMMENDATIONS, AND EDUCATE STAKEHOLDERS IN SUPPORT OF HORSE RACING SAFETY AND INTEGRITY
$30,809 2 grants
EQUINE RESEARCH
$25,203 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $522K $888K $568K
2023 $461K $663K $880K
2022 $719K $592K $1.1M
2020 $768K $702K $782K
2019 $598K $621K $690K

Between 2019 and 2024, reported annual revenue declined from $598K to $522K (-13%), with total assets most recently reported at $568K.

Interactive year-over-year charts and full filing details available with membership.

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